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Privatization is the process by which public services, such as utilities and transportation, are transferred from public to private ownership and control. It is a controversial political issue and has been the subject of much debate in recent years. In this section, you will find news, articles, and videos about privatisation, its advantages and disadvantages, and its effects on different sectors.
His three-year term begins amidst market volatility due to FII withdrawals over ₹1 lakh crore since January.
Pakistan is making another attempt to privatise Pakistan International Airlines (PIA) after a failed effort last year. The Privatisation Commission plans to publish a fresh advertisement for the demerger of PIACL next week, aiming to attract potential bidders for 51% to 100% of the airline's shares.
My latest in The Guardian series of ABC 7.30 reports tells a familiar story of failure in human services. Inadequate staffing, dangerous incidents brushed under the carpet, ineffective regulation and, at the back of it all, for-profit businesses, either ASX-listed or financed by private equity. This time it’s childcare but the same problems have emerged in vocational education, aged care, prisons,…
Moritz Hennicke, Moritz Lubczyk and Lukas Mergele draw industrial policy lessons from East Germany: There has been renewed interest in industrial policy as a tool to reshape the structure of economic activity, but little evidence exists on the successful design and implementation of these policies. This column examines the transformation of East Germany’s state-controlled economy…
Through its pivotal role in the record-breaking acquisition of Vinda International Holdings by a subsidiary of Singapore’s Royal Golden Eagle (RGE) Group, BOC Macau secured a well-earned award from FinanceAsia for ‘Best Syndicated Loan Deal - China Offshore’.